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offer was the inclusion of reforms to social security benefits. but after harry reid said he would not entertain a change in the chained cpi, republicans said they had taken that chained cpi off the table. but with pessimism running high, the vice presidents go involved in negotiations. president obama says the inaction of any deal is the result of republican resistance. >> they say their biggest priority is to deal with the deficit in the biggest way. but their only priority is making sure that tax breaks for the wealthiest americans are protected. at some point, i think what's important is that they listen to the american people. >> joining me now, congressman chris von holland of maryland. good evening. it is a good sign that chained cpi is off the table. the senate will be back tomorrow at 11:00. how high is your optimism or pessimism at this moment? >> well, it was a very bad sign when senator mcconnell put this social security change on the table, as part of a small deal, that was obviously something that could have totally thrown a monkey wrench into the process. so the fact
-to-face negotiations. democrats say this is simply a ruse, mitch mcconnell trying to go around harry reid, the democratic leader here and appealing to joe biden, trying to make it look in democratic estimation as if republicans are going the last mile, but, look, we're stuck. we're nowhere at this point. there was a major setback earlier. you mentioned it, the so-called chained cpi. a lot of people tweeted me and said what the heck is that? simply a revised way of adjusting cost of living increases to social security recipients that would in effect lower the growth of those payments, lower the rate of inflation, lower the cost of living increase most times. republicans have evidently put that on the table. that was what really got these negotiations to a standstill. they emerged from their lunch, did republicans, just a few minutes ago, and it's clear it's now off the table. it's a dead letter. unclear whether that's going to help move these along in any way, shape or form. harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspecti
, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum that the president wants to see done before we hit january 1st. i've got to tell you, though, getting back to the votes, the votes simply aren't there in the house of representatives for that. they're likely not even there in the senate, so we're back at s
and listen to what senate majority leader harry reid is saying. >> we really are running out of time. americans are still threatened with a tax hike. in just a few hours. i hope we can keep in mind and i know we will our single most important goal is to protect middle class families. whether or not we reach an agreement and the short time we have left we'll need cooperation on both sides to prevent taxes from going up tomorrow for every family in america. i repeat there is still some issues that need to be resolved before we can bring the legislation to the floor. >> under the previous order then the senate will proceed to business until 12:00 noon. this is for debate only. senators are permitted to speak -- >> there you go. the senate floor. we are listening to them as senate majority harry reid opened it up for today after they called it a day yesterday. joining us now is congressman steny hoyer, the house minority whip. thanks for being with us. i appreciate your time. you listened to our report from mike viqueira. you just heard senate majority harry reid. he spoke. from what you
to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious differences on both sides. >> we're not going to have any social security cuts at this stage, it just doesn't seem appropriate. i still hold out hope we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> republicans pushed back on claims by democrats that the social security benefit measurement, which is known as the chained cpi and basically would reduce the amount of money that senior citizens get under social security, was part of the republican plan. in any case, that is off the table. senator john mccain posted this on twitter, most of us agree the chained cpi is off the table in these negotiations. president obama continued to put public pressure on republicans during his appearance on "meet the press" today. >> it is very important for republicans in congress to be willing to say, we understand we're not going to get 100%, we're willing to compromise in a serious way. >> joined by congr
symbolic and they'll come back and they'll pass it again because i don't see harry reid accepting any type of amended version of this. i think this is a take it or leave it offer to the house, and if they vote to leave it today, they're going to he wanted up voting to take it tomorrow or the day after. >> and, reid, you're take on that? if we don't get a bill out of the house the president has promised wait until the new congress is sworn in on january 4th and start the process all over again, so do you think the odds of a deal go up or down with the new congress? >> well, i think we're going to get the deal before the new congress comes in, but i think in the end of the day the odds probably increase given democratic gains in the last election. one of the interesting things, though, is this sort of discussion of the market's reaction and whether or not a big drop in the market like what happened after the tarp bill failed might spur people to action. we haven't really seen the market reacting that much. sure, it was down five days in a row last week to the week between christmas and new y
defense spending and blame it on the republicans. the problem is we have had harry reid and the senate democrats haven't passed a budget plan in three years and they're looking at just raising taxes. we need to seriously address the spending in this country and we haven't had that from the democrats. we have to have that for things to pass. really get this deficit under control. >> all right. so keith, that was a loud sigh that you just gave. >> you heard that? >> i think everybody at home just heard that. so you obviously do not agree with alice's assessment there. i want to show debbie wasserman-schultz's quote. no 48-notice on house votes just yet. the president has a lot to gain politically with the blame on republicans for letting all of the country go over the cliff and the fact that they seem to hold on with the death grip for millionaires in this country. >> the republicans will be blamed it seems according to the polls going over the fiscal cliff but the president is responsible and wants the deal. he's been trying to negotiate by making reasonable concessions. lowered the rev
Search Results 0 to 6 of about 7